Income Statement Opcom Holdings

Stocks

0035

MYQ0035OO004

Communications & Networking

Delayed BURSA MALAYSIA 05:17:41 24/09/26 pm AEST			5-day change	1st Jan Change
0.1750 ^MYR	-2.78%		-2.78%	-5.41%

28/08	Hextar Capital Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08/06	Hextar Capital Berhad Subsidiary Legacy Core Sdn Bhd Secures MYR 60.4 Million Subcontract For Timah Tasoh Project From Jati Segera Sdn Bhd	CI

7041dc449c53796.DtmiUmhjAYOgUeLZNFABBaegtvgcT9h76NJ8D-kHQaU.ao7PJi1URsjVZ4O8YA9gVtLs-axZPpwin75RbohkGZZE6cAfWxlgsMMehQ

Published financial data: OPCOM HOLDINGS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	66.99M	87.17M	145M	118M	67.83M
Total Revenues	66.99M	87.17M	145M	118M	67.83M
Cost of Goods Sold, Total	52.78M	69.15M	109M	86.52M	60.96M
Gross Profit	14.21M	18.02M	36.51M	31.13M	6.87M
Selling General & Admin Expenses, Total	8.84M	12.61M	11.5M	14.93M	13.2M
Provision for Bad Debts	-	-350K	-	-	2.06M
Other Operating Expenses	-	699K	22.4M	33.23M	-1.68M
Other Operating Expenses, Total	8.84M	12.96M	33.91M	48.16M	13.57M
Operating Income	5.37M	5.06M	2.6M	-17.03M	-6.71M
Interest Expense, Total	-17.86K	-19.67K	-570K	-3.29M	-4.41M
Interest And Investment Income	357K	814K	2.92M	6.11M	795K
Net Interest Expenses	339K	794K	2.35M	2.82M	-3.62M
Income (Loss) On Equity Invest.	1.12M	1.7M	1.37M	7.3M	14.74M
Currency Exchange Gains (Loss)	-	-	710K	988K	109K
Other Non Operating Income (Expenses)	-545K	1.58K	-27.79K	-	-
EBT, Excl. Unusual Items	6.28M	7.56M	7M	-5.92M	4.53M
Gain (Loss) On Sale Of Investments	-	-	-	2.42M	-
Gain (Loss) On Sale Of Assets	-	-	321K	-	-
Asset Writedown	-2.9M	-	-	-	-
EBT, Incl. Unusual Items	3.39M	7.56M	7.32M	-3.5M	4.53M
Income Tax Expense	226K	1.16M	5.19M	361K	1.81M
Earnings From Continuing Operations	3.16M	6.4M	2.13M	-3.86M	2.72M
Net Income to Company	3.16M	6.4M	2.13M	-3.86M	2.72M
Minority Interest	-575K	-2.45M	-443K	242K	111K
Net Income - (IS)	2.59M	3.95M	1.69M	-3.62M	2.83M
Net Income to Common Incl Extra Items	2.59M	3.95M	1.69M	-3.62M	2.83M
Net Income to Common Excl. Extra Items	2.59M	3.95M	1.69M	-3.62M	2.83M
Per Share Items
Net EPS - Basic	0.02	0.02	0.01	-0.01	0.01
Basic EPS - Continuing Operations	0.02	0.02	0.01	-0.01	0.01
Basic Weighted Average Shares Outstanding	161M	221M	319M	430M	494M
Net EPS - Diluted	0.02	0.02	0.01	-0.01	0.01
Diluted EPS - Continuing Operations	0.02	0.02	0.01	-0.01	0.01
Diluted Weighted Average Shares Outstanding	161M	223M	322M	430M	494M
Normalized Basic EPS	0.02	0.01	0.01	-0.01	0.01
Normalized Diluted EPS	0.02	0.01	0.01	-0.01	0.01
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	7.54M	6.78M	14.36M	10.93M	-4.79M
EBITA	5.37M	5.06M	12.72M	9.21M	-6.71M
EBIT	5.37M	5.06M	2.6M	-17.03M	-6.71M
EBITDAR	7.79M	6.8M	21.57M	10.95M	-5.92M
Effective Tax Rate - (Ratio)	6.66	15.37	70.92	-10.33	39.99
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	375K	779K	7.48M	6.9M	1.89M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-149K	383K	-2.28M	-6.54M	-84.42K
Normalized Net Income	3.35M	2.27M	3.93M	-3.46M	2.94M
Interest on Long-Term Debt	1.04K	1.58K	9.34K	2.76K	13.58K
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.89M	1.32M	1.2M	484K	325K
General and Administrative Expenses	6.95M	11.3M	10.3M	14.44M	12.87M
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	247K	26.38K	30.77K	28.54K	66.88K
Imputed Operating Lease Interest Expense	20.02K	896	-	14.08K	-
Imputed Operating Lease Depreciation	227K	25.48K	-	14.46K	-
Stock-Based Comp., Other (Total)	-	4.86M	-	-	-
Total Stock-Based Compensation	-	4.86M	-	-	-

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	20.86M	91.58M	65.42M	19.97M	14M
Short Term Investments	112K	112K	7.53M	6.84M	332K
Total Cash And Short Term Investments	20.97M	91.69M	72.95M	26.81M	14.34M
Accounts Receivable, Total	25.92M	20.83M	111M	95.57M	126M
Other Receivables	658K	956K	20.7M	12.18M	9.33M
Total Receivables	26.58M	21.79M	131M	108M	135M
Inventory	13.94M	10.89M	17.2M	8.94M	6.16M
Prepaid Expenses	792K	930K	615K	286K	7.32M
Restricted Cash	-	-	12.05M	11.66M	6.29M
Other Current Assets, Total	-	653K	8M	-	-
Total Current Assets	62.28M	126M	242M	155M	169M
Gross Property Plant And Equipment	91.75M	81.98M	82.05M	86.8M	87.38M
Accumulated Depreciation	-55.23M	-46.83M	-49.73M	-51.97M	-54.66M
Net Property Plant And Equipment	36.52M	35.15M	32.32M	34.82M	32.72M
Long-term Investments	19.33M	20.5M	-	127M	158M
Goodwill	-	-	8.2M	4.16M	4.16M
Other Intangibles, Total	-	-	26.01M	0	0
Accounts Receivable Long-Term	-	-	-	58.69M	25.96M
Deferred Tax Assets Long-Term	55.02K	55.02K	-	-	-
Other Long-Term Assets, Total	-	-	1.04M	8.25M	-
Total Assets	118M	182M	310M	388M	391M
Liabilities
Accounts Payable, Total	9.46M	7.8M	18.47M	13.63M	14.35M
Accrued Expenses, Total	1.81M	2.54M	2.39M	3.71M	6.93M
Short-term Borrowings	1.14M	-	27.02M	28.2M	24.43M
Current Portion of Long-Term Debt	-	-	-	7.17M	9.37M
Current Portion of Leases	28.42K	22.17K	120K	72.41K	128K
Current Income Taxes Payable	213K	287K	7.34M	-	-
Other Current Liabilities	13.83M	2.51M	18.54M	60.69M	19.26M
Total Current Liabilities	26.48M	13.17M	73.88M	113M	74.46M
Long-Term Debt	-	-	-	43.47M	43.79M
Long-Term Leases	22.17K	-	297K	224K	133K
Deferred Tax Liability Non Current	350K	734K	7.16M	680K	575K
Other Non Current Liabilities	-	-	26.35M	13.8M	-
Total Liabilities	26.85M	13.9M	108M	172M	119M
Common Stock, Total	32.25M	100M	171M	207M	237M
Retained Earnings	48.71M	52.75M	55.28M	33.21M	24.27M
Comprehensive Income and Other	2.96M	4.88M	-33.85M	-33.99M	4.41M
Total Common Equity	83.93M	158M	192M	207M	265M
Minority Interest	7.41M	9.71M	9.9M	9.66M	6.52M
Total Equity	91.33M	168M	202M	216M	272M
Total Liabilities And Equity	118M	182M	310M	388M	391M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	177M	279M	447M	447M	581M
ECS Total Common Shares Outstanding	161M	279M	384M	447M	581M
Book Value / Share	0.52	0.57	0.5	0.46	0.46
Tangible Book Value	83.93M	158M	158M	203M	261M
Tangible Book Value Per Share	0.52	0.57	0.41	0.45	0.45
Total Debt	1.19M	22.17K	27.44M	79.13M	77.85M
Net Debt	-19.78M	-91.67M	-45.51M	52.32M	63.51M
Debt Equivalent Oper. Leases	1.98M	211K	-	228K	-
Minority Interest, Total (Incl. Fin. Div)	7.41M	9.71M	9.9M	9.66M	6.52M
Equity Method Investments, Total	19.33M	20.5M	-	127M	158M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	6.32M	5.4M	4.71M	2.71M	2.34M
Inventories - Work In Process, Total	135K	8.31K	164K	85.63K	208K
Inventories - Finished Goods, Total	7.49M	5.48M	12.33M	6.14M	3.62M
Land - (BS)	-	-	-	-	-
Buildings, Total	17.88M	17.93M	17.93M	17.93M	17.93M
Machinery, Total	55.01M	47.72M	46.39M	51.39M	51.95M
Full Time Employees	-	-	-	-	113
Accumulated Allowance for Doubtful Accounts (Supple)	888K	538K	848K	1.14M	3.71M

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	2.59M	3.95M	1.69M	-3.62M	2.83M
Depreciation & Amortization - CF	2.48M	1.97M	1.95M	2.09M	2.29M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	10.12M	26.24M	-
Depreciation & Amortization, Total	2.48M	1.97M	12.07M	28.33M	2.29M
(Gain) Loss From Sale Of Asset	-20.62K	-161K	-321K	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	9.78M	-2.53M	-176K
Asset Writedown & Restructuring Costs	2.9M	26.42K	530K	2.17M	1
(Income) Loss On Equity Investments - (CF)	-1.12M	-1.7M	-1.37M	-7.3M	-14.74M
Stock-Based Compensation (CF)	-	4.86M	-	-	-
Provision and Write-off of Bad Debts	-422K	-350K	207K	320K	2.06M
Other Operating Activities, Total	1.91M	1.62M	2.17M	-13.87M	8.71M
Change In Accounts Receivable	-14.85M	5.2M	-61.48M	-40.18M	5.06M
Change In Inventories	-2.55M	3.59M	-311K	7.53M	2.09M
Change In Accounts Payable	10.57M	-4.26M	-4.73M	-2.31M	3.39M
Change in Other Net Operating Assets	3.82M	-	-	-	-
Cash from Operations	5.32M	14.72M	-41.78M	-31.46M	11.51M
Capital Expenditure	-2.39M	-529K	-675K	-2.97M	-517K
Sale of Property, Plant, and Equipment	20.62K	161K	1.28M	-	-
Cash Acquisitions	-	-	4.35M	-	-764
Divestitures	-	-	-123K	-	-
Investment in Marketable and Equity Securities, Total	-	-	-5.13M	-62.35M	-8.91M
Other Investing Activities, Total	357K	814K	-5.16M	3.05M	-24.59M
Cash from Investing	-2.01M	446K	-5.46M	-62.26M	-34.01M
Short Term Debt Issued, Total	1.83M	-	8.18M	-	-
Long-Term Debt Issued, Total	-	-	-	63.45M	5.2M
Total Debt Issued	1.83M	-	5.45M	63.45M	4.16M
Short Term Debt Repaid, Total	-2.91M	-9.2M	-	-	-
Long-Term Debt Repaid, Total	-28.46K	-28.42K	-112K	-120K	-154K
Total Debt Repaid	-2.94M	-9.23M	-74.6K	-120K	-123K
Issuance of Common Stock	-	64.81M	12.66M	-	23.26M
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-23.86K	-172K	-886K	-3.29M	-4.41M
Cash from Financing	-1.14M	55.41M	17.16M	60.04M	22.89M
Foreign Exchange Rate Adjustments	7.58K	145K	85.05K	-136K	8.47K
Net Change in Cash	2.17M	70.72M	-30M	-33.82M	391K
Supplemental Items
Cash Interest Paid	17.86K	19.67K	570K	3.29M	4.41M
Cash Income Tax Paid (Refund)	-182K	710K	3.58M	16.22M	3.66M
Levered Free Cash Flow	1.8M	12.38M	-	84.76M	-
Unlevered Free Cash Flow	1.81M	12.39M	-	86.81M	-
Change In Net Working Capital	1.63M	-2.93M	-	-72.1M	-
Net Debt Issued / Repaid	-1.12M	-9.23M	5.38M	63.33M	4.04M

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	2.97	2.11	-	-3.06	-
Return on Total Capital	3.64	2.36	-	-4.06	-
Return On Equity %	3.5	4.94	-	-1.85	-
Return on Common Equity	3.11	3.26	-	-1.81	-
Margin Analysis
Gross Profit Margin %	21.22	20.68	25.18	26.46	10.12
SG&A Margin	13.2	14.47	7.93	12.69	19.45
EBITDA Margin %	11.26	7.77	9.9	9.29	-7.06
EBITA Margin %	8.02	5.8	8.77	7.83	-9.89
EBIT Margin %	8.02	5.8	1.8	-14.47	-9.89
Income From Continuing Operations Margin %	4.72	7.34	1.47	-3.28	4
Net Income Margin %	3.86	4.53	1.16	-3.07	4.17
Net Avail. For Common Margin %	3.86	4.53	1.16	-3.07	4.17
Normalized Net Income Margin	5	2.61	2.71	-2.94	4.34
Levered Free Cash Flow Margin	2.69	14.2	-	72.04	-
Unlevered Free Cash Flow Margin	2.71	14.21	-	73.79	-
Asset Turnover
Asset Turnover	0.59	0.58	-	0.34	-
Fixed Assets Turnover	1.76	2.43	-	3.5	-
Receivables Turnover (Average Receivables)	3.32	3.73	-	1.14	-
Inventory Turnover (Average Inventory)	3.91	5.57	-	6.62	-
Short Term Liquidity
Current Ratio	2.35	9.57	3.28	1.37	2.28
Quick Ratio	1.8	8.62	2.76	1.19	2.01
Operating Cash Flow to Current Liabilities	0.2	1.12	-0.57	-0.28	0.15
Days Sales Outstanding (Average Receivables)	109.89	97.88	-	320.61	-
Days Outstanding Inventory (Average Inventory)	93.34	65.53	-	55.29	-
Average Days Payable Outstanding	47.28	47.66	-	75.06	-
Cash Conversion Cycle (Average Days)	155.95	115.75	-	300.84	-
Long Term Solvency
Total Debt/Equity	1.31	0.01	13.59	36.58	28.65
Total Debt / Total Capital	1.29	0.01	11.96	26.78	22.27
LT Debt/Equity	0.02	-	0.15	20.2	16.17
Long-Term Debt / Total Capital	0.02	-	0.13	14.79	12.57
Total Liabilities / Total Assets	22.72	7.65	34.78	44.24	30.45
EBIT / Interest Expense	300.58	257.23	4.57	-5.18	-1.52
EBITDA / Interest Expense	439.38	357.33	25.76	3.44	-1
(EBITDA - Capex) / Interest Expense	305.74	330.46	24.58	2.54	-1.12
Total Debt / EBITDA	0.15	0	1.87	7.01	-17.63
Net Debt / EBITDA	-2.52	-13.04	-3.1	4.63	-14.39
Total Debt / (EBITDA - Capex)	0.22	0	1.96	9.5	-15.79
Net Debt / (EBITDA - Capex)	-3.62	-14.1	-3.25	6.28	-12.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	50.71	30.12	-	-18.87	-
Gross Profit, 1 Yr. Growth %	896.95	26.8	-	-14.74	-
EBITDA, 1 Yr. Growth %	-271.05	-3.12	-	-23.92	-
EBITA, 1 Yr. Growth %	-174.1	4.9	-	-27.59	-
EBIT, 1 Yr. Growth %	-174.1	4.9	-	-754.08	-
Earnings From Cont. Operations, 1 Yr. Growth %	-132.07	102.37	-	-281.27	-
Net Income, 1 Yr. Growth %	-132.77	52.52	-	-314.58	-
Normalized Net Income, 1 Yr. Growth %	-214.24	-32.2	-	-187.87	-
Diluted EPS Before Extra, 1 Yr. Growth %	-132.65	10.62	-	-259.91	-
Accounts Receivable, 1 Yr. Growth %	79.77	-19.63	-	-13.56	-
Inventory, 1 Yr. Growth %	6.75	-21.86	-	-48.06	-
Net Property, Plant and Equip., 1 Yr. Growth %	-7.97	-3.74	-	7.74	-
Total Assets, 1 Yr. Growth %	9.93	53.7	-	26.05	-
Tangible Book Value, 1 Yr. Growth %	1.58	88.32	-	26.79	-
Common Equity, 1 Yr. Growth %	1.58	88.32	-	7.6	-
Cash From Operations, 1 Yr. Growth %	136.4	176.9	-	-24.7	-
Capital Expenditures, 1 Yr. Growth %	876.04	-77.85	-	339.41	-
Levered Free Cash Flow, 1 Yr. Growth %	-61.47	-287.96	-	-	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-61.85	-288.46	-	-	-
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.22	40.04	-	-	-
Gross Profit, 2 Yr. CAGR %	33.05	255.55	-	-	-
EBITDA, 2 Yr. CAGR %	474.97	23.98	-	-	-
EBITA, 2 Yr. CAGR %	22.57	-16.43	-	-	-
EBIT, 2 Yr. CAGR %	22.57	-16.43	-	-	-
Earnings From Cont. Operations, 2 Yr. CAGR %	60.03	-19.43	-	-	-
Net Income, 2 Yr. CAGR %	139.17	-29.3	-	-	-
Normalized Net Income, 2 Yr. CAGR %	79.29	-11.99	-	-	-
Diluted EPS Before Extra, 2 Yr. CAGR %	139.05	-39.9	-	-	-
Accounts Receivable, 2 Yr. CAGR %	22.19	20.2	-	-	-
Inventory, 2 Yr. CAGR %	-6.66	-8.67	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-9.42	-5.88	-	-	-
Total Assets, 2 Yr. CAGR %	1	29.99	-	-	-
Tangible Book Value, 2 Yr. CAGR %	-2.69	38.31	-	-	-
Common Equity, 2 Yr. CAGR %	-2.69	38.31	-	-	-
Cash From Operations, 2 Yr. CAGR %	9.05	155.85	-	-	-
Capital Expenditures, 2 Yr. CAGR %	-42.09	47.03	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-35.39	62.65	-	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.93	61.43	-	-	-
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-13.6	5.34	-	-	-
Gross Profit, 3 Yr. CAGR %	-5.64	30.93	-	-	-
EBITDA, 3 Yr. CAGR %	0.33	209.71	-	-	-
EBITA, 3 Yr. CAGR %	7.75	12.29	-	-	-
EBIT, 3 Yr. CAGR %	7.75	12.29	-	-	-
Earnings From Cont. Operations, 3 Yr. CAGR %	-16.52	73.05	-	-	-
Net Income, 3 Yr. CAGR %	-27.12	105.86	-	-	-
Normalized Net Income, 3 Yr. CAGR %	3.24	29.65	-	-	-
Diluted EPS Before Extra, 3 Yr. CAGR %	-27.19	84.9	-	-	-
Accounts Receivable, 3 Yr. CAGR %	-7.74	6.26	-	-	-
Inventory, 3 Yr. CAGR %	1.4	-12.03	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-3.46	-7.57	-	-	-
Total Assets, 3 Yr. CAGR %	-2.96	16.17	-	-	-
Tangible Book Value, 3 Yr. CAGR %	-1.64	21.27	-	-	-
Common Equity, 3 Yr. CAGR %	-1.64	21.27	-	-	-
Cash From Operations, 3 Yr. CAGR %	-17.31	48.78	-	-	-
Capital Expenditures, 3 Yr. CAGR %	4.13	-57.96	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-52.89	42.05	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-52.72	39.55	-	-	-
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-8.17	-1.37	-	-	-
Gross Profit, 5 Yr. CAGR %	-7.36	0.81	-	-	-
EBITDA, 5 Yr. CAGR %	-4.03	-3.71	-	-	-
EBITA, 5 Yr. CAGR %	-4.22	-0.56	-	-	-
EBIT, 5 Yr. CAGR %	-4.22	-0.56	-	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.33	1.56	-	-	-
Net Income, 5 Yr. CAGR %	-19.01	-11.32	-	-	-
Normalized Net Income, 5 Yr. CAGR %	-18.21	-18.55	-	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-19.06	-16.89	-	-	-
Accounts Receivable, 5 Yr. CAGR %	5.44	-0.71	-	-	-
Inventory, 5 Yr. CAGR %	11.91	1.76	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.97	-3.62	-	-	-
Total Assets, 5 Yr. CAGR %	-0.52	6.61	-	-	-
Tangible Book Value, 5 Yr. CAGR %	0.5	12.26	-	-	-
Common Equity, 5 Yr. CAGR %	0.5	12.26	-	-	-
Cash From Operations, 5 Yr. CAGR %	0.78	18.25	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-14.2	-39.58	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-21.95	32.63	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.74	33.37	-	-	-
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-